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July 19, 2019
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What is the End Of Coverage for Builder’s Risk Insurance?

Unlike other types of insurance, builder’s risk insurance can have a complicated end date. We’re here to help. If you have experience in obtaining insurance policies, then you understand that most policies have a clear beginning and a clear end. Most insurance companies will call these effective and expiration dates. However, if you’re new to the world of construction insurance, then you might not understand when builders risk coverage is ineffective. Builders risk is different because it doesn’t always have perfect expiration dates. This type of insurance coverage is placed during the course of construction.
May 31, 2019
worker watching a crane from the ground

What is the difference between Builders Risk Insurance and Liability Insurance

Business owners in construction must purchase several insurance policies to ensure that their business, and its clients, are protected from harm. As such, understanding the importance and distinctions between insurance policy types can be a game saver in the long run. In a general contractor‘s life, whether a small business owner or large, you will often find general liability insurance, builders risk insurance, property insurance, workers compensation, and more.
May 28, 2019
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Builders Risk Insurance Basics

Builders’ Risk is an insurance policy that provides financial protection for business owners in construction when something happens to their job site while it’s under construction or renovation. The insurance coverage usually extends to include fire, vandalism, theft, and extreme weather. Typically, you should expect to pay the insurance company somewhere between one and four percent of the total construction costs for this coverage. However, the cost of construction will vary depending on the needs of your business, the location, and the project type.
May 26, 2019
workers setting up a frame

How to Obtain Builder’s Risk Insurance

Course of construction, more commonly known as a builder’s risk policy, is an insurance policy protecting the materials and equipment that will be permanently installed at a new construction or renovation. Should something happen on your job site, having this policy on hand is the best way to make sure that the general contractor, the business owner, the property owner, and any other invested parties are covered from losses. The business owner or client will often require builder’s risk as a safety precaution, so be sure to account for this insurance policy within your construction budget.
May 24, 2019
workers on the job at sunset

What does Builder’s Risk Cover?

Builder’s risk insurance, also known as course of construction, is a type of property insurance. It’s a bit unique in that it covers the area of a construction project whether new construction or renovation. In some cases, it will just cover the structure, while in others, it will also cover the materials that are on site and waiting to be installed or transported. Most building owners will ask that a builder carry this to protect both parties.
February 22, 2018
What is Replacement Cost?

What is Replacement Cost?

Learn how much to insure your project on your builders risk insurance policy. Not insuring your project to the correct amount can end up being a huge cost in the event of a claim.
February 22, 2018
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What is Builders Risk Insurance?

  Video: What is Builders Risk Insurance?     Learn how to buy Builders Risk Insurance and get the best value for your money while knowing what […]
September 9, 2017
Construction crew with Builder's Risk Insurance

Planning for what if: Your guide to purchasing Builders Risk Insurance.

Experienced builders have much more familiarity with Builders Risk policies and can really help guide you in the right direction.
December 14, 2016
metal beam structure of a construction

7 Pitfalls to Avoid When Purchasing Builder’s Risk Insurance

7 Pitfalls to Avoid When Purchasing Builder’s Risk Insurance by John Brown | Dec 14, 2016 When it comes to construction projects, Builder’s Risk Insurance is one of the […]
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